Difficult financial times and persistent calls from debt collectors can be overwhelming and are a tremendous source of stress. Financial strain can create a vicious cycle that can break apart families, and cause severe emotional distress. The consideration of filing consumer bankruptcy comes with many questions; How filing bankruptcy will affect my financial situation? Do I qualify for bankruptcy? What happens to my credit score after bankruptcy? Will I be able to keep my home?
At Sheppard Law Offices, you will speak with an experienced Akron-Canton bankruptcy attorney who understands your situation and will be happy to answer all your questions about filing for bankruptcy. Sheppard Law can help you through the entire bankruptcy filing process. Sheppard Law Offices serve clients who wish to file Chapter 7 or Chapter 13 bankruptcy in Akron-Canton and throughout North Eastern Ohio at our Canton office, in addition to having offices in Columbus, Newark, and Mt. Vernon. If you are overwhelmed by large credit card debt, student loans, high medical bills, facing foreclosure, repossession, lawsuits or other money problems and feel trapped in your financial situation, bankruptcy may be a solution for you.
If you are in need of debt relief due to circumstances such as loss of job, high credit card debt, medical bills, or other debts and are considering filing for bankruptcy, contact us to set up a FREE initial consultation to discuss your debt relief options. Attorney Sheppard will evaluate your individual needs and help you determine which debt relief strategy is best for you.
A Fresh Start may be available to you through filing Chapter 7 bankruptcy or “liquidation of debt”. Chapter 7 may be available for those who qualify under the “means test” as described in the United States Bankruptcy Code. Legislation was enacted in 2005 which makes it more challenging to qualify for this type of bankruptcy. The expertise and knowledge of an experienced bankruptcy lawyer such as Attorney Kenneth Sheppard can help you navigate through the process of qualifying and filing for a Chapter 7 consumer bankruptcy, if this option is right for your situation.
Another type of debt relief is Chapter 13 bankruptcy, often referred to as “debt reorganization.” Rather than erasing your debt and starting over like in Chapter 7 consumer bankruptcy, Chapter 13 provides the client with a structured repayment plan and discharges unsecured debts. Akron-Canton Bankruptcy Attorney Ken Sheppard can help you determine if Chapter 13 bankruptcy protection is the best solution for your particular situation. If so, your bankruptcy attorney will take you through the process of evaluating and filing for chapter 13.